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Power Mech Projects Ltd

NSE: POWERMECH · BSE: 539302 · Cement and Construction · 34 announcements

Power Mech Projects Ltd news stories on ALFA NewsRead the news →
Share price
₹2,393.90
Market cap
₹7,569 Cr
Revenue (annual)
₹6,062 Cr
Net profit (annual)
₹364.0 Cr
P/E (TTM)
18.9×Sector 33.5×
Promoter holding
58.42%+0.00% QoQ
FII holding
6.33%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

12:34 IST BSE
New Order Win

Power Mech Projects Bags ₹489.9 Cr Order from Joint Venture of Elsewedy Electric Power Systems Projects and...

Power Mech Projects' Saudi subsidiary won an international erection contract from an Elsewedy Electric and Sinohydro joint venture for the Rabigh 2 IPP Expansion, with aggregate value of about USD 52.1 million (~INR 492 Crore). The contract runs 20 months from January 2027.

Value
₹489.9 Cr
From
Joint Venture of Elsewedy Electric Power Systems Projects (Branch) and Sinohydro Corporation Limited (Branch), for the Rabigh 2 IPP Expansion Project
Execution
20 months effective from January 1, 2027
11:40 IST NSE
New Order Win

Power Mech Projects Bags ₹970 Cr Order from Vedanta Power Limited

Power Mech secured a ₹970 Crore O&M contract from Vedanta Power for its 1,200 MW Sakti Thermal Plant. The 60-month engagement covers end-to-end operations and maintenance.

Value
₹970.0 Cr
From
Vedanta Power Limited (Sakti Thermal Plant)
Execution
60 months from date of issuance of LOI/Order Confirmation
thermal plant O&M capacity
1200.0 MW
10:16 IST BSE
Fund Raise

Power Mech Projects Fund Raise of ₹350 Cr

Power Mech Projects Ltd submitted its Monitoring Agency Report for the quarter ended March 31, 2026, regarding ₹350 Crore QIP proceeds. CARE Ratings confirmed utilization is in line with the offer document, with ₹286.66 Crore utilized to date. Remaining funds are expected to be fully deployed by Q2FY27 following minor approval delays.

Value
₹350.0 Cr